Tikvah Management LLC Concentrated Active

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $374,230 (100.0% shares, 0.0% debt)

Holdings (23)

New Positions (1)

Value ($000) $10,964 Shares 809,770 Est. Cost $13.59 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GRND	GRINDR INC	809,770	$10,964	2.9%	$13.59	0.0%	COM	39854F101

Exited Positions (1)

— COMPOSECURE INC 1.4%

Value ($000) $5,379 Shares 420,259 Est. Cost $12.80 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	COMPOSECURE INC	420,259	$5,379	1.4%	$12.80	—	—	20459V113

Decreased Positions (3)

RHLD RESOLUTE HLDGS MGMT INC 10.1%

Value ($000) $37,894 (+115.1%) Shares 183,566 (-24.8%) Est. Cost $54.08 Unrealized +173.5%

GPGI COMPOSECURE INC 7.7%

Value ($000) $28,981 (-29.3%) Shares 1,503,164 (-23.7%) Est. Cost $17.30 Unrealized +15.3%

MTCH MATCH GROUP INC NEW 2.7%

Value ($000) $10,113 (-23.3%) Shares 313,200 (-16.1%) Est. Cost $35.47 Unrealized -7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RHLD	RESOLUTE HLDGS MGMT INC	183,566 (-24.8%)	$37,894 (+115.1%)	10.1%	$54.08	+173.5%	COM	76134H101
GPGI	COMPOSECURE INC	1,503,164 (-23.7%)	$28,981 (-29.3%)	7.7%	$17.30	+15.3%	COM CL A	20459V105
MTCH	MATCH GROUP INC NEW	313,200 (-16.1%)	$10,113 (-23.3%)	2.7%	$35.47	-7.4%	COM	57667L107

Unchanged Positions (19)

GOOGL ALPHABET INC 16.8%

Value ($000) $62,803 Shares 200,650 Est. Cost $209.20 Unrealized +36.5%

GOOG ALPHABET INC 5.8%

Value ($000) $21,803 Shares 69,480 Est. Cost $209.93 Unrealized +36.4%

AMZN AMAZON COM INC 18.2%

Value ($000) $68,249 Shares 295,680 Est. Cost $119.96 Unrealized +90.7%

BIO BIO RAD LABS INC 9.0%

Value ($000) $33,657 Shares 111,084 Est. Cost $567.80 Unrealized -45.0%

SMRT SMARTRENT INC 1.8%

Value ($000) $6,737 Shares 3,335,122 Est. Cost $1.28 Unrealized +27.7%

ETHA ISHARES ETHEREUM TR 1.6%

Value ($000) $6,157 Shares 124,000 Est. Cost $65.00 Unrealized —

COIN COINBASE GLOBAL INC 0.9%

Value ($000) $3,539 Shares 15,650 Est. Cost $339.07 Unrealized -12.1%

NAUT NAUTILUS BIOTECHNOLOGY INC 0.4%

Value ($000) $1,417 Shares 726,895 Est. Cost $0.73 Unrealized +123.1%

IAU ISHARES GOLD TR 1.8%

Value ($000) $6,675 Shares 82,230 Est. Cost $33.94 Unrealized —

PAYO PAYONEER GLOBAL INC 1.9%

Value ($000) $7,262 Shares 1,292,133 Est. Cost $6.70 Unrealized -13.7%

QTRX QUANTERIX CORP 1.0%

Value ($000) $3,635 Shares 571,619 Est. Cost $5.32 Unrealized +16.8%

SPY SPDR S&P 500 ETF TR 6.0%

Value ($000) $22,574 Shares 33,104 Est. Cost $666.18 Unrealized —

STRA STRATEGIC ED INC 0.7%

Value ($000) $2,475 Shares 30,858 Est. Cost $79.44 Unrealized +0.0%

DLO DLOCAL LTD 4.7%

Value ($000) $17,651 Shares 1,248,322 Est. Cost $12.71 Unrealized +11.0%

INDA ISHARES TR 0.7%

Value ($000) $2,551 Shares 47,200 Est. Cost $52.06 Unrealized —

LAB STANDARD BIOTOOLS INC 1.2%

Value ($000) $4,545 Shares 3,551,152 Est. Cost $1.31 Unrealized +2.6%

VWO VANGUARD INTL EQUITY INDEX F 1.5%

Value ($000) $5,461 Shares 101,580 Est. Cost $41.84 Unrealized —

ATYR ATYR PHARMA INC 0.1%

Value ($000) $361 Shares 460,833 Est. Cost $5.43 Unrealized -84.9%

PCOR PROCORE TECHNOLOGIES INC 2.3%

Value ($000) $8,724 Shares 119,939 Est. Cost $69.82 Unrealized +5.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	200,650	$62,803	16.8%	$209.20	+36.5%	CAP STK CL A	02079K305
GOOG	ALPHABET INC	69,480	$21,803	5.8%	$209.93	+36.4%	CAP STK CL C	02079K107
AMZN	AMAZON COM INC	295,680	$68,249	18.2%	$119.96	+90.7%	COM	023135106
BIO	BIO RAD LABS INC	111,084	$33,657	9.0%	$567.80	-45.0%	CL A	090572207
SMRT	SMARTRENT INC	3,335,122	$6,737	1.8%	$1.28	+27.7%	COM CL A	83193G107
ETHA	ISHARES ETHEREUM TR	124,000	$6,157	1.6%	$65.00	—	SHS	46438R105
COIN	COINBASE GLOBAL INC	15,650	$3,539	0.9%	$339.07	-12.1%	COM CL A	19260Q107
NAUT	NAUTILUS BIOTECHNOLOGY INC	726,895	$1,417	0.4%	$0.73	+123.1%	COM	63909J108
IAU	ISHARES GOLD TR	82,230	$6,675	1.8%	$33.94	—	ISHARES NEW	464285204
PAYO	PAYONEER GLOBAL INC	1,292,133	$7,262	1.9%	$6.70	-13.7%	COM	70451X104
QTRX	QUANTERIX CORP	571,619	$3,635	1.0%	$5.32	+16.8%	COM	74766Q101
SPY	SPDR S&P 500 ETF TR	33,104	$22,574	6.0%	$666.18	—	TR UNIT	78462F103
STRA	STRATEGIC ED INC	30,858	$2,475	0.7%	$79.44	+0.0%	COM	86272C103
DLO	DLOCAL LTD	1,248,322	$17,651	4.7%	$12.71	+11.0%	CLASS A COM	G29018101
INDA	ISHARES TR	47,200	$2,551	0.7%	$52.06	—	MSCI INDIA ETF	46429B598
LAB	STANDARD BIOTOOLS INC	3,551,152	$4,545	1.2%	$1.31	+2.6%	COM	34385P108
VWO	VANGUARD INTL EQUITY INDEX F	101,580	$5,461	1.5%	$41.84	—	FTSE EMR MKT ETF	922042858
ATYR	ATYR PHARMA INC	460,833	$361	0.1%	$5.43	-84.9%	COM NEW	002120202
PCOR	PROCORE TECHNOLOGIES INC	119,939	$8,724	2.3%	$69.82	+5.9%	COM	74275K108